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Historic Office Building with Additional Parcels
For Sale
Under Contract
$1,320,000

421 Court Street, Elko, NV 89801

CommercialSale, Elko, NV

Property Size8,561 SF
Lot Size0.57 Acres
Price / SF$154.19
Days on Market83

Property Features for 421 Court Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description ZC
Bathrooms 2
Full bathrooms 2
Half bathrooms 2
Rooms Bathroom 2, Bathroom 1
Exterior features Landscaping, MatureTreesLandscape, Workshop
Subdivision ZX-Other/None
Standard status Active Under Contract
APN 001-225-014, 001-225
Size 8,561 SF
Lot size 0.57 Acres

Taxes and HOA fees

Tax Annual Amount 6631

Utilities

Heating system Forced Air, Natural Gas
Cooling system Central Air

Building Details

Year built 1900
Flooring type Carpet, Concrete, Tile, Hardwood
Building materials Brick, Block, Stucco, WoodSiding
Roof type Membrane, Tile
Additional Structures Workshop
Listing Agency: Coldwell Banker Commercial Excel · Coldwell Banker Real Estate
Listed By: Sierra Petersen · License #BS.0146660
Added: Jun 4 Changed: Aug 21 Last Checked: Aug 25 at 6:06AM
MLS# 3627951

Copyright © 2026 Elko County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Constructed in 1900, this 8,561-square-foot office property combines an updated interior with retained historic character. The building includes carpet, concrete, tile, and hardwood flooring, along with central air, forced-air heating, and natural gas service. Brick, block, stucco, and wood siding contribute to the existing architectural profile, while membrane and tile roofing serve the improvements.

The offering covers four parcels at 421 Court Street in downtown Elko: the primary office building, a landscaped yard, a hillside parcel, and a separate storage building for equipment or operational use. The property encompasses 0.574 acres and includes mature trees and a workshop. A 5-year lease is in place with options to extend, and the leased spaces reflect an 8% cap rate.

Key Highlights

  • 8,561‑square‑foot office building constructed in 1900
  • Four‑parcel offering includes office building, landscaped yard, hillside parcel, and storage building
  • Located at 421 Court Street in downtown Elko

Property Analytics

Current Use

Chilton Engineering and Surveying, ... Surveyor Converse Consultants Environmental Consultant DOWL Engineering Consultant

Suggested Use

Top Pick HVAC Service Pharmacy (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,312
Businesses Nearby

Demographics for 89801, NV

26,250
Population
11,079
Households
2.4
Avg Household Size
34
Median Age
16%
College-Educated
87%
High-School Grad
1,212.7 sq mi
ZIP Area
22
Density / Sq Mi
$83,777
Median Household Income
$48,886
Median Earnings
$1,185
Median Rent
$278,700
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Renovated downtown property includes landscaped grounds, four parcels, and a separate storage and workshop building.
Where is this office building located?
The property is located at 421 Court Street Elko, NV.
What is the asking price?
The asking price for this property is $1,320,000.
What are key features of this property?
This property features: 8,561‑square‑foot office building constructed in 1900; Four‑parcel offering includes office building, landscaped yard, hillside parcel, and storage building; Located at 421 Court Street in downtown Elko
More about this property
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